Retail Sales in Colombia

Colombia Retail Sales | Economic News & Forecasts

Colombia - Retail Sales

The economy seems to have kept pace in the first quarter. Household spending likely remained resilient despite a surge in unemployment: Retail sales growth accelerated, on average, in January–February, while consumers were markedly more optimistic in the quarter. Exports, however, contracted in Q1 on shrinking sales of oil. Meanwhile, the independent Fiscal Rule Committee relaxed its fiscal deficit targets for this year and next to account for the added burden of Venezuelan migrants on the public purse. The three leading credit rating agencies subsequently expressed concern that frequent changes to the rule could undermine the credibility of fiscal policy. In the political arena, the Lower House rejected President Duque’s attempts to roll back aspects of the peace accord in early April, thus reaffirming the challenges of enforcing the ruling party’s mandate in a deeply divided Congress.

Colombia - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)4.7  8.4  6.4  2.0  -0.2  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Colombia Retail Sales Chart


Colombia Retail
Note: Annual variation of real retail sales in %.
Source: Statistical Institute (DANE).

Colombia Facts

ValueChangeDate
Bond Yield6.490.0 %May 13
Exchange Rate3,305-0.17 %May 13
Stock Market12,363-0.66 %May 13

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form